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Chinanews, Hangzhou, Mar1. 23 – In last February, Luo Jinxing, a merchant from Yiwu, Zhejiang Province, established a Chinatown trade center in Kalmar, Sweden. With his trade town, Zhejiang businesspeople have set up a total of more than 20 trade towns in overseas markets so far.
Zhejiang is one of the most prosperous provinces in China. Most of Zhejiang merchants gain their business knowledge from market. Many businesspeople in Zhejiang, once becoming successful, will expand their business in other provinces in China or even abroad. During this process, they also carry their business ideas and business operation mode to new places. In Zhejiang, those from Yiwu and Wenzhou are the first group of people to explore overseas market. The world's largest small commodity2 wholesale3 market center is located in Yiwu. Yiwu businesspeople are known for their rich managerial knowledge. Ten years ago, Yiwu people started to go abroad to explore overseas market. At present, they have set up their trade centers in South Africa, South Korea, Vietnam, Russia and Sweden. Wenzhou people adopt a different mode in setting up their overseas market. By relying on the online resources established by Wenzhou merchants abroad, local Wenzhou businesspeople have created their trade markets in countries including the United States, Russia, the United Arab Emirates, Ukraine, and the Netherlands. In China, the largest trade market of fur garments and leather wear is located in Haining, Zhejiang. Businesspeople in Haining have expanded their market in Russia. They have set up a trading center in Russia and 70% of the leather and fur products made in Haining are sold to Russia via this trading center. Businesspeople from Taizhou, Zhejiang, have established daily necessities trade centers in the United Arab Emirates.
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